The Big Credit Card Theft

Trying to make sense of the massive theft of credit card numbers at CardSystems, ‘a leading provider of end-to-end payment processing solutions focused exclusively on meeting the needs of small to mid-sized merchants’, in which information on more than 40 million credit cards may have been stolen. CardSystems itself has issued only a brief statement …

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Say Goodbye To The USB Flash Drive?

I had an interesting conversation the other day with Trek 2000’s chief financial officer, Gurcharan Singh. Trek, a Singapore company, claim to be the originators of the USB drive, or thumb drive as they call it, and are currently sueing a company called M-Systems in a test case over who owns the patent for putting flash …

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